SHANNON ESTATE 01-36

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the WOLFPACK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18086District 7CField 98420500OilCasinghead gasSaveExport
Value, all time
$1.1 M
Nov 2011 – Jan 2017
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
63
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
2011-11-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-11-01.

The Commission's schedule remark for this field reads: LOG FOR API #105-41295

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition11,458 bbl$1,087,334
Casinghead gasProduction17,836 Mcf$59,317
Total$1,146,651

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9387, -101.6702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.93870, -101.67023 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,499 ft
2 wells filed one
Completion to plug
4.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 6,447 and 6,550 ft, median 6,499 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2011 – Sep 2013
2 of 2 wells
Plug dates filed
Dec 2016
2 of 2 wells

Last completion to plug: a median of 4.2 years across the 2 wells that filed both dates, with the middle half between 3.8 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-105413593H6,447 ftSep 2013Dec 2016Yes
42-105412991 H6,550 ftNov 2011Dec 2016Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (63)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

63 months

Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016135036.561.99$4,936
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20141671097.406.19$16,328
Jan 20140090.404.86$0
Dec 2013170691.824.35$15,636
Nov 2013020388.853.74$759
Oct 201333873897.423.78$35,717
Sep 2013167880104.113.72$20,658
Aug 20135101,800104.253.52$59,508
Jul 20134521,214102.523.72$50,852
Jun 20132851,32994.403.93$32,132
May 201353169494.834.15$53,234
Apr 20130093.964.28$0
Mar 201317525993.623.91$17,397
Feb 2013203291.233.42$1,934
Jan 201301691.603.42$55
Dec 201234799786.773.42$33,519
Nov 20123481,88786.953.62$37,099
Oct 20123531,13189.383.40$35,396
Sep 20125231,81294.672.92$54,801
Aug 20125281,14792.662.91$52,260
Jul 201251973985.133.02$46,415
Jun 201252183779.822.52$43,695
May 201217555791.612.49$17,418
Apr 2012350338101.652.00$36,252
Mar 2012169100105.052.22$17,976
Feb 20121,229654101.102.57$125,933
Jan 20122,00545698.092.73$197,917
Dec 2011777096.873.24$75,268
Nov 2011664095.723.31$63,558

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2016 — as filed, then multipliedworked
Oil                  135 bbl  × $ 36.56 =     $4,936
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $4,936

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7C/O/18086 is the state's own key, not one this site invented.